ConcordBank business loans

Why ConcordBank loans are just for you

• Quick review of a loan project.
• Interest is paid only when funds are used.
• Interest is not accrued on the entire amount of available funds, but only on the amount taken by the borrower.
• The ability to open a credit line in advance and use it if necessary.
• The ability to choose a loan repayment scheme convenient for the client, taking into account the peculiarities of the business.
• The ability to receive funds in full or in parts.

What loans does ConcordBank offer?

ConcordBank offers the following business loans:

• Term loan
• Credit line
• Deposit-secured loan
• Quick loan for SMEs
• Overdraft

You can read more about each of them by simply clicking on the loan name.

Questions and answers

1. The purpose of lending:

• replenishment of working capital,
• acquisition of fixed assets,
• coverage of cash gaps that occurred during business activities, etc..

2. Who can apply for a business loan at ConcordBank?

Any enterprises or natural person-entrepreneurs, regardless of whether they have an account with our bank or not. The loan is evaluated for all business entities.

3. What documents are needed to apply for a loan a ConcordBank?

Most commonly, a standard package of documents is required:

• Foundation and registration documents.
• Financial documentation.
• The client's application form for a loan with indication of its main parameters.
• Pledge/surety documents.

4. What is the maximum loan amount ConcordBank can provide?

The loan amount is always determined individually and in accordance with the passport of each loan product.

5. Are there fees in case of non-use of loan proceeds?

No.

6. How can I pay a loan?

Using icON business Internet-banking in the “Loans" tab.